Why Has India Lagged Behind In Semiconductor Chip Manufacturing?

While India has done well in terms of chip design and electronics manufacturing, there have been challenges in setting up of Semiconductor Wafer Fabrication (FAB) units for a long time. The digital age has propelled the world into consuming electronics at an unprecedented scale. There will be worldwide shipments of devices — PCs, tablets and mobile phones — totalling 2.2 billion units in 2019. All of these gadgets require semiconductor chips to function, and it is clear that economies with a large production of these chips have benefited the most in terms of enhancing their GDP. US, Japan, Korea, China, Singapore, etc are all large producers of semiconductor chips and also have a strong foothold on the global economy.  Where Does India Stand? While India has done well in terms of chi